# Spring wheat, oat futures outperform, as storms hamper US sowings - Grain Price News

> Minneapolis spring wheat futures rose about 1.6% and oats soared as wet fields in the northern US slowed planting. As of Sunday, 49% of spring wheat was seeded, 34 points behind the typical pace, with Minnesota and North Dakota far behind.

- Date: 2022-05-24 · published 2022-05-24T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/41453-spring-wheat-oat-futures-outperform-as-storms-hamper-us-sowings-grain-price-news
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Oats](https://feedsoft.ai/c/OATS.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Delayed northern planting raises concern over spring wheat and oat output, widening the spring wheat premium over soft red winter wheat and supporting prices for feed grains.

## Read by commodity

- OATS: bullish ▲
- WHEAT: bullish ▲
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2017-06-28 | [U.S. grains: Spring wheat futures top US$7 on weather worries - Grainews](https://feedsoft.ai/events/70514-u-s-grains-spring-wheat-futures-top-us-7-on-weather-worries-grainews.md) | +3.2% | -2.8% |
| WHEAT | 2017-05-01 | [US wheat prices soar after storms hit key regions](https://feedsoft.ai/events/6136-us-wheat-prices-soar-after-storms-hit-key-regions.md) | +2.3% | +1.5% |
| WHEAT | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.0% | -8.3% |
| WHEAT | 2022-07-22 | [What France's speedy wheat harvest says about yield prospects - Grain Price News](https://feedsoft.ai/events/40427-what-france-s-speedy-wheat-harvest-says-about-yield-prospects-grain-price-news.md) | -10.2% | -1.7% |
| WHEAT | 2024-10-10 | [Harsh weather curbs global wheat output, buoys prices - Grainews](https://feedsoft.ai/events/27902-harsh-weather-curbs-global-wheat-output-buoys-prices-grainews.md) | -0.5% | -1.3% |
| OATS | 2019-06-14 | [Feed weekly outlook: Grain prices strong as dry weather persists - Grainews](https://feedsoft.ai/events/58641-feed-weekly-outlook-grain-prices-strong-as-dry-weather-persists-grainews.md) | -6.8% | -7.7% |
| OATS | 2021-11-04 | [US oat prices soar as supply dips due to drought, demand \| World Grain](https://feedsoft.ai/events/44107-us-oat-prices-soar-as-supply-dips-due-to-drought-demand-world-grain.md) | -0.9% | -0.8% |
| OATS | 2017-07-03 | [Wheat and oat futures soar amid supply worries](https://feedsoft.ai/events/6175-wheat-and-oat-futures-soar-amid-supply-worries.md) | +5.5% | -2.0% |

## Sources

- grainpricenews.com: https://grainpricenews.com/2022/05/24/spring-wheat-oat-futures-outperform-as-storms-hamper-us-sowings/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.